Friday, December 05, 2025 | 08:07 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

R C Bhargava, Venu Srinivasan face off with govt on auto GST rate

Sales of commercial vehicles in FY21 were the worst in 11 years; for three-wheelers, they were the lowest in 19 years

R C Bhargava (left), chairman, Maruti Suzuki, and Venu Srinivasan, chairman, TVS Motor
premium

R C Bhargava (left), chairman, Maruti Suzuki, and Venu Srinivasan (right), chairman, TVS Motor, questioned the government’s intent to support the auto sector

Arindam MajumderShally Seth Mohile New Delhi/Mumbai
In a rare face off, captains of the auto industry have hit out at the government for not walking the talk. At an industry event in the capital on Wednesday, R C Bhargava, chairman of India’s largest carmaker Maruti Suzuki, and Venu Srinivasan, chairman of TVS Motor, questioned the government’s intent to support the auto sector. Revenue secretary Tarun Bajaj sat in the audience listening, before his turn came to counter them.   

Calling for a reduction in taxes, the auto majors expressed frustration that the contribution of the industry towards India's growth was perhaps not being recognised by policymakers as